TERRENO REALTY CORP (TRNO) Technical Analysis
NYSE:TRNO • US88146M1018
Current stock price
TRNO Technical Rating and Analysis
We assign a technical rating of 2 out of 10 to TRNO. TRNO performed below average in the overall market. Although the medium term picture in unclear, the short term picture is clearly negative.
- When comparing the yearly performance of all stocks, TRNO is a bad performer in the overall market: 67% of all stocks are doing better.
- In the last month TRNO has a been trading in the 60.66 - 66.74 range, which is quite wide. It is currently trading near the lows of this range.
- TRNO is currently trading in the upper part of its 52 week range. The S&P500 Index is also trading in the upper part of its 52 week range, so TRNO is performing more or less in line with the market.
- The long term trend is neutral, but the short term trend is negative. Better to stay away from this!
- TRNO is an average performer in the Diversified REITs industry, it outperforms 41% of 123 stocks in the same industry.
TRNO Weekly and Daily overview Charts
TRNO Setup Rating and Analysis
TRNO has a poor technical rating and the quality of the setup is also not perfect at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
TRNO Support and Resistance Analysis
52.47
When analyzing the support we can see 4 important areas.
- A support zone ranging from 61.24 to 61.53. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 58.66 to 59.53. This zone is formed by a combination of multiple trend lines in the daily time frame.
- Support @57.13 from a horizontal line in the daily time frame.
- A support zone ranging from 53.00 to 54.13. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 62.95 to 63.59. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 65.78 to 66.38. This zone is formed by a combination of multiple trend lines in multiple time frames.
TRNO Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for TRNO is neutral. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for TRNO is down. |
| ChartMill Relative Strength | 33.87 | NEUTRAL | TRNO is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of TRNO is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | UP | MIXED | The current price of TRNO is below the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of TRNO is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 38.85 | NEUTRAL | The RSI value for TRNO is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.52 | NEGATIVE | The MACD value suggests TRNO has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 28.14 | NEUTRAL | The Stochastics value for TRNO is a neutral value. |
| Average True Range in percent/ATR (20) | 2.29 | MEDIUM VOLATILITY | The ATR as a percentage value for TRNO suggests some volalility. |
| Average Directional Index/ADX (14) | 22.03 | NEUTRAL | The ADX value for TRNO suggests a possible start of a new trend. |
TRNO Chart- and CandleStick Pattern Analysis
TRNO Technicals: Chart, Performance Metrics, Trend & Indicators
62.18
+0.06 (+0.1%)
TERRENO REALTY CORP / TRNO TA FAQ
What is the ChartMill technical rating of TERRENO REALTY CORP (TRNO) stock?
ChartMill assigns a technical rating of 2 / 10 to TRNO.
Can you provide the trend direction for TERRENO REALTY CORP?
The current trend direction for TERRENO REALTY CORP (TRNO) is Bearish.
Can you provide the RSI signal for TERRENO REALTY CORP?
TERRENO REALTY CORP (TRNO) has an RSI value of 38.851. This indicates that the stock is currently neutral.
What are the support and resistance levels for TERRENO REALTY CORP (TRNO) stock?
TERRENO REALTY CORP (TRNO) has a support level at 61.53 and a resistance level at 62.95. Check the full technical report for our detailed analysis of TRNO support and resistance levels.